Saudi c.bank raises reverse repo rate 25 bps, keeps repo at 2 pct
Saudi Arabia's central bank said on Wednesday it was raising its reverse repo rate by 25 basis points to 0.75…
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Into the fintech sandbox of the United Arab Emirates
Financial technology in the United Arab Emirates shares a great deal with the sector in places like New York, London…
UAE Central Bank amends anti-money laundering rule
The UAE Central Bank has issued a resolution amending a regulation concerning procedures for anti-money laundering. According to the…
Three Gulf c.banks hike rates to avert currency pressure after Fed move
Saudi Arabia, Kuwait and Bahrain raised interest rates within minutes of the U.S. Federal Reserve's decision to do so on…
QSE ends six-day bull run to shed 39 points on profit booking
The Qatar Stock Exchange ended six consecutive days of bullish run and its key index fell 39 points, mainly on…
GBSA announces new appointments to the board
The Gulf Bond and Sukuk Association, the trade association representing the Arabian Gulf fixed income market, has appointed Andy Cairns,…
Double taxation: Ecuador, Italy sign agreement to foster private investements
Ecuador signed an agreement with Italy to define the tax obligations of the citizens of the two countries, in order…
UAE among 30 countries to implement new tax-evasion policy
The United Arab Emirates will implement a new global transparency policy which will bring to an end baking secrecy in…
JLL real estate appoints regional director and head, property & asset management services, MENA
Dowall’s wealth of property and asset management experience spans over 20 years with JLL in Europe, Far East and the…
Volatility top concern for global institutional investors in 2017 – survey
A survey of 500 institutional investors across the world shows they have “clear preferences” for active management and alternatives, according…
Gulf Bank wins ‘Enterprise Risk Technology Implementation of the Year in the Middle East’
Gulf Bank is pleased to announce that it has been awarded the ‘Enterprise Risk Technology Implementation of the Year in…
Al Salam Bank-Bahrain launches new Visa card
Al Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, has launched its new Visa Infinite Credit…